Is CBIZ, Inc. overvalued or undervalued?

As of 30 July 2025, the valuation grade for CBIZ, Inc. has moved from very expensive to expensive, indicating a shift towards a less favorable valuation. The company appears to be overvalued based on its current metrics, particularly with a P/E ratio of 78, a Price to Book Value of 5.31, and an EV to EBIT of 50.52. In comparison, peers such as Grand Canyon Education, Inc. have a more attractive P/E of 33.38, while Shift4 Payments, Inc. shows a fair P/E of 14.01, highlighting the relative overvaluation of CBIZ, Inc.
Recent stock performance further reinforces this valuation perspective, as CBIZ, Inc. has underperformed against the S&P 500 with a year-to-date return of -32.92% compared to the index's 12.22%. Over the past three years, while CBIZ, Inc. has managed a return of 23.93%, it still lags significantly behind the S&P 500's 70.41%, suggesting that investors may be better served looking elsewhere for value.